Gold and silver prices increased in Chennai on March 10, 2026, compared with the previous day. The rise in bullion rates comes amid continued fluctuations in global precious metal markets, which have influenced domestic retail prices across major cities in India.
Gold Prices Increase in Chennai
According to the latest market data, the price of 24-carat gold in Chennai rose to Rs 16,418 per gram on March 10, up from Rs 16,309 per gram recorded on March 9. This represents an increase of Rs 109 per gram in a single day. For 8 grams of 24-carat gold, the price increased to Rs 1,31,344 from Rs 1,30,472, registering a rise of Rs 872.
Standard 22-carat gold also witnessed a similar increase. The price climbed to Rs 15,050 per gram on March 10 from Rs 14,950 per gram on the previous day, reflecting an increase of Rs 100 per gram. For 8 grams, the rate rose to Rs 1,20,400 compared with Rs 1,19,600 on March 9, marking a gain of Rs 800.
Silver Prices Record Sharp Increase
Silver prices in Chennai also registered a noticeable increase. The rate for silver rose to Rs 300 per gram on March 10, compared with Rs 290 per gram on March 9. This represents a rise of Rs 10 per gram in a single day.
Similarly, the price of ready silver (1 kilogram) increased to Rs 3,00,000 on March 10 from Rs 2,90,000 recorded the previous day, reflecting a jump of Rs 10,000 per kilogram.
Factors Influencing Bullion Prices
Movements in gold and silver prices in India are closely linked to global bullion market trends. Precious metals have experienced significant volatility in recent weeks due to geopolitical developments, fluctuations in the US dollar, and changes in international interest rate expectations. Increased demand for safe-haven assets during periods of global uncertainty has also influenced price movements in the bullion market.
– Magizh
